SKOROVASMAT AS

7893 SKOROVATN

Finances

Return on Equity

−13,86 %

Current Ratio

5,54

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	827 000	1 091 000	933 000	775 000
Net Income	−83 000	139 000	57 000	−54 000
Total Assets	690 000	811 000	668 000	653 000
Total Equity	599 000	682 000	544 000	487 000

Income (NOK)	2022	2021	2020	2019
Revenue	827 000	1 091 000	933 000	775 000
Expenditure	931 000	909 000	851 000	836 000
Operating Profit	−103 000	182 000	82 000	−61 000
Financial Income	0	1 000	0	3 000
Financial Costs	3 000	6 000	9 000	11 000
Financial Balance	−3 000	−5 000	−9 000	−8 000
Earnings Before Tax	−106 000	178 000	73 000	−69 000
Tax	−23 000	39 000	16 000	−15 000
Net Income	−83 000	139 000	57 000	−54 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	191 000	211 000	208 000	252 000
Total Current Assets	499 000	600 000	461 000	401 000
Total Assets	690 000	811 000	668 000	653 000
Total Retained Equity	496 000	579 000	440 000	384 000
Total Equity	599 000	682 000	544 000	487 000
Total Long-Term Debt	0	10 000	79 000	117 000
Total Current Debt	90 000	119 000	45 000	50 000
Total Equity and Debt	690 000	811 000	668 000	653 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	796 000	942 000	933 000	775 000
Other Income	31 000	149 000	0	0
Revenue	827 000	1 091 000	933 000	775 000
Cost of Goods Sold	294 000	392 000	356 000	316 000
Salary Costs	276 000	185 000	157 000	176 000
Depreciation	34 000	36 000	41 000	44 000
Impairment	0	0	0	0
Expenditure	931 000	909 000	851 000	836 000
Operating Profit	−103 000	182 000	82 000	−61 000
Financial Income	0	1 000	0	3 000
Financial Costs	3 000	6 000	9 000	11 000
Financial Balance	−3 000	−5 000	−9 000	−8 000
Dividends	0	0	0	0
Net Income	−83 000	139 000	57 000	−54 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	14 000	0	6 000	22 000
Real Eastate	66 000	74 000	32 000	35 000
Machinery and Plant Facilities	0	0	1 000	3 000
Fixtures	99 000	125 000	156 000	192 000
Total Tangible Assets	165 000	198 000	189 000	230 000
Total Fiancial Fixed Assets	12 000	12 000	12 000	0
Total Fixed Assets	191 000	211 000	208 000	252 000
Stock	384 000	354 000	351 000	346 000
Total Investments	0	0	0	0
Cash, Bank	86 000	197 000	96 000	51 000
Total Current Assets	499 000	600 000	461 000	401 000
Total Assets	690 000	811 000	668 000	653 000
Total Equity	599 000	682 000	544 000	487 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	10 000	79 000	117 000
Creditors	13 000	17 000	17 000	50 000
Unpaid Taxes	22 000	0	9 000	−33 000
Dividends	0	0	0	0
Other Current Debt	55 000	79 000	19 000	33 000
Total Current Debt	90 000	119 000	45 000	50 000
Total Equity and Debt	690 000	811 000	668 000	653 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−13,86 %	20,38 %	10,48 %	−11,09 %
Debt-to-Equity Ratio	0	0,01	0,15	0,24
Operating Profit Margin	−12,45 %	16,68 %	8,79 %	−7,87 %
Current Ratio	5,54	5,04	10,24	8,02
Quick Ratio	−1,7	−2,55	−1,51	−1,35
Equity Ratio	0,87	0,84	0,81	0,75
Gross Profit Margin	64,45 %	64,07 %	61,84 %	59,23 %